Pizza Hut 2011 Annual Report Download - page 120

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16
PART II
Item 5. Market for the Registrant’s Common Stock, Related Stockholder Matters and Issuer
Purchases of Equity Securities.
The Company’s Common Stock trades under the symbol YUM and is listed on the New York Stock Exchange (“NYSE”). The
following sets forth the high and low NYSE composite closing sale prices by quarter for the Company’s Common Stock and
dividends per common share.
2011
Quarter
First
Second
Third
Fourth
High
$ 52.85
56.69
56.75
59.58
Low
$ 46.40
49.42
47.82
48.12
Dividends
Declared
$ —
0.50
—
0.57
Dividends
Paid
$ 0.25
0.25
0.25
0.285
2010
Quarter
First
Second
Third
Fourth
High
$ 38.64
43.94
44.35
51.90
Low
$ 32.72
37.92
38.53
43.85
Dividends
Declared
$ 0.21
0.21
—
0.50
Dividends
Paid
$ 0.21
0.21
0.21
0.25
In 2011, the Company declared two cash dividends of $0.25 per share and two cash dividends of $0.285 per share of Common
Stock, one of which had a distribution date of February 3, 2012. In 2010, the Company declared two cash dividends of $0.21 per
share and two cash dividends of $0.25 per share of Common Stock, one of which was paid in 2011. The Company is targeting
an annual dividend payout ratio of 35% to 40% of net income.
As of February 14, 2012, there were 67,435 registered holders of record of the Company’s Common Stock.
The Company had no sales of unregistered securities during 2011, 2010 or 2009.
Form 10-K